Korean Register to Survey, Class Bangladeshi-Flagged Ships

Business & Finance

Classification society Korean Register (KR) has signed an agreement with the Government of Bangladesh to deliver services on behalf of the Bangladeshi flag administration.

Under the agreement, KR will conduct vessel surveys and audits and issue certificates to Bangladeshi-flagged ships for compliance with SOLAS, MARPOL, ITC, ICLL, and MLC.

KR said it has been working to obtain the authorization to deliver statutory services to Bangladesh, anticipating an increase in sea-borne transport between Southern Asian countries and Bangladesh.

“We are delighted to receive the authorization to deliver statutory services on behalf of the Bangladeshi government. This means that we will be able to provide a wider range of sought after services…, adding value to their businesses in Southern Asia, including those in India and Sri Lanka,” Lee Jeong-Kie, Chairman and CEO of KR, commented.

The latest authorization brings the total number of countries where KR is authorized to carry out ship survey and certification work to seventy-seven.

Established in 1960, KR currently classes an international fleet of 3,042 vessels totaling 69 million gross tons.